Twitter: Fish: Dak wants $45m in 5th year

HungryLion

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Sydla said:
The $35MM number isn't really "salaries". It's just a mish mash of signing bonuses, salaries, roster bonuses, etc.

If Dak's agents are saying they will agree to a 5th year if the base salary is $45MM in that 5th year, that would far outstrip what any player would likely be getting in a base salary (or some combo of base salary and an annual roster bonus paid in that year).

Dak has the highest "base salary" this year at $31MM because he's been tagged. The next highest base salary? Jimmy G at $24MM. That's it. In 5 years, Mahomes' base salary probably won't even be near $45MM.
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Where in the article does it say 45 mil as the base salary? The article just references wanting 45 mil for the 5th year. And it says that in the context of discussing APY for the overall contract.


From how I read the article. The 45 million is talking about the cap hit. Not just the base salary. I didn’t see where it says “45 million base salary”.
 

Sydla

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DakPresgoat said:
Where in the article does it say 45 mil as the base salary? The article just references wanting 45 mil for the 5th year. And it says that in the context of discussing APY for the overall contract.


From how I read the article. The 45 million is talking about the cap hit. Not just the base salary. I didn’t see where it says “45 million base salary”
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Why would the agents care about what the cap hit is in Year 5? They don't get paid nor do their client get paid on cap hit.

That $45MM in Year 5 is actual cash paid to Dak either in pure base salary or some sort of base + a roster bonus paid that year.
 

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88sAndHeartbreak said:
What is this based on? Because Pat Mahomes and Lamar Jackson are projected to make 40+ in 2022


True and one could argue that paying 45m won't be considered "overpaying" in 2024
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Not in base salary (or combination of base and an annual roster bonus) they are not. That $40MM plus number people keep talking about is what the average compensation annually would be, not what they are actually paying Mahomes each year. But that's simply adding up all the bonuses, base salaries and dividing by years on the contract.

Take Wilson. He currently has the biggest contract for QBs.

His contract runs through 2023. In that 2023 season, if he plays, the only cash he'll pocket is $21MM in base salary + $5MM in a roster bonus for $26MM total. But his contract averages $35MM. So what's the difference? The difference is $35MM isn't what Wilson actually makes annually, it's what his contract average is annually. What he makes each year is different. In 2023 he would pocket $26MM in cash. But in 2019 he was paid $35MM in cash (base of $5MM + part of his signing bonus of $30MM). THen in 2020, he was paid $58MM in cash ($18MM in base salary + $35MM left on signing bonus). But in 2021, he'll only get paid $19MM in cash that year.
 
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ABQCOWBOY

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Qcard said:
Either way I am right... because Tag value reflects an upward progression in Dak's demands and value per team exclusive designation.
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About what? I mean, anybody knew that the price would eventually go up but that doesn't mean it's smart to agree to paying it. My opinion has not changed on this. The team would be stupid to agree to this. Bad deal, to me.
 
HungryLion

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Sydla said:
Why would the agents care about what the cap hit is in Year 5? They don't get paid nor do their client get paid on cap hit.

That $45MM in Year 5 is actual cash paid to Dak either in pure base salary or some sort of base + a roster bonus paid that year.
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No, it’s not. It’s discussing 45 meal in terms of APY. The article even clearly states that if the deal
Was signed it would equal out to an APY of 37 million over 5 years. While the cowboys are offering 35 million APY.

If the base salary/any roster bonus was 45 mil for year 5 PLUS any signing bonus that is spread into it. Now you’re talking about a cap hit in year 5 of like 55 million at least. Which would make the APY 39 million. Not 37 million as the report states.

The report states that the total
Value of the contract would be 185 million.

The total contract value would be 185 million if the base salary/roster bonus for year 5 was 45 million by itself without including any signing bonus that was spread into that year. It would be like 195 million at least for the total value of the contract.

The article states all this clearly. They aren’t talking about a base salary/roster bonus of 45 mil alone in year 5. They are talking about the cap value.
 
88sAndHeartbreak

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Sydla said:
Not in base salary (or combination of base and an annual roster bonus) they are not. That $40MM plus number people keep talking about is what the average compensation annually would be, not what they are actually paying Mahomes each year. But that's simply adding up all the bonuses, base salaries and dividing by years on the contract.
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That 40+ will be the base salary for Mahomes and Jackson with their new contracts in 2022. Especially if they win SB's between now and then. That's where the market for top franchise QB's is trending... and Dak will be getting paid less than them ($35m-$37m)
 
ABQCOWBOY

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The article, if I'm not mistaken, actually says North of 45 and leads you to believe that it's significantly North of that number. So again, no real hard facts but if this is accurate, it suggests that the number far exceeds 45.
 
ABQCOWBOY

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DEA_dad said:
Maybe we will watch a game one day if we don’t die of Covid
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That might be cool! I don't much like going to Bars around here to watch games, I'm getting to old to go out in the parking lot and miss work cause I'm still in jail on Monday :laugh: but I've been known to make exceptions every now and then.
 
DEA_dad

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ABQCOWBOY said:
That might be cool! I don't much like going to Bars around here to watch games, I'm getting to old to go out in the parking lot and miss work cause I'm still in jail on Monday :laugh: but I've been known to make exceptions every now and then.
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I’m still in jail right now
 

Sydla

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88sAndHeartbreak said:
That 40+ will be the base salary for Mahomes and Jackson with their new contracts in 2022. Especially if they win SB's between now and then. That's where the market for top franchise QB's is trending... and Dak will be getting paid less than them ($35m-$37m)
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It will not be.

You realize the highest base salary paid to a player right now that isn't tagged is Jimmy G at $24MM. The base salary for QBs isn't going to nearly double in 3-4 years.

You are confusing base salaries and annual cash payments with average compensation.
 
DEA_dad

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ABQCOWBOY said:
LOL.... Then we better not watch games in Bars. We both go to jail over an idiot Eagles fan and who's gonna bail us out?
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I’ll set up a ******** for us if there’s an idiot eagle fan involved, wait is there a non idiot eagle fan??
 

Sydla

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DakPresgoat said:
No, it’s not. It’s discussing 45 meal in terms of APY. The article even clearly states that if the deal
Was signed it would equal out to an APY of 37 million over 5 years. While the cowboys are offering 35 million APY.

If the base salary/any roster bonus was 45 mil for year 5 PLUS any signing bonus that is spread into it. Now you’re talking about a cap hit in year 5 of like 55 million at least. Which would make the APY 39 million. Not 37 million as the report states.

The report states that the total
Value of the contract would be 185 million.

The total contract value would be 185 million if the base salary/roster bonus for year 5 was 45 million by itself without including any signing bonus that was spread into that year. It would be like 195 million at least for the total value of the contract.

The article states all this clearly. They aren’t talking about a base salary/roster bonus of 45 mil alone in year 5. They are talking about the cap value.
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That's the flaw of taking what Fisher says as some sort of truth. He's simply spreading the $175M across five years as "salary" and we know that's not how this will be done. So throw out what Fisher is saying or calculating, because he's throwing out numbers that don't work in reality. He's not taking into account guarantees, etc. You can't simply break the contract down by salary and then spread salary out over 5 years like he did. Here's some advice. Don't take contract and cap hit advice from Mike Fisher. Chris Simms isn't talking about cap hit. He's talking about Dak's camp demanding the Cowboys pony up a ton of cash in that 5th year.

Your math shows your mistake. You could absolutely have a cap hit of $55MM in Year 5 and still have the contract average $37MM a year. It's all in how you structure the earlier years.

Again, ask yourself why the agent would care about what the "cap hit" would be for Year 5 when it's nothing more than an accounting trick? Then think about it logically.............. they have been firm on a 4 year deal. Why? Because they want to cash in on a big signing bonus as soon as possible after they sign this new deal. But they tell Dallas hey, we'll give you that 5th year but it's going to cost you. Meaning that in order to give up getting to that next contract sooner, they want Dallas to have to pay Dak a crap ton of money in that 5th year to make it worth his while to skip out on getting to FA and a new signing bonus sooner. They wouldn't ask for a cap hit of $45MM because a portion of that wouldn't be actual cash paid to Dak. It would be part signing bonus.

The agent is going to ask for a specific cap hit in a year. He's going to ask for a specific salary and/or roster bonus that would be real cash paid to Dak in that 5th year.
 
HungryLion

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Sydla said:
That's the flaw of taking what Fisher says as some sort of truth. He's simply spreading the $175M across five years as "salary" and we know that's not how this will be done. So throw out what Fisher is saying or calculating, because he's throwing out numbers that don't work in reality. He's not taking into account guarantees, etc. You can't simply break the contract down by salary and then spread salary out over 5 years like he did. Here's some advice. Don't take contract and cap hit advice from Mike Fisher. Chris Simms isn't talking about cap hit. He's talking about Dak's camp demanding the Cowboys pony up a ton of cash in that 5th year.

Again, ask yourself why the agent would care about what the "cap hit" would be for Year 5 when it's nothing more than an accounting trick? Then think about it logically.............. they have been firm on a 4 year deal. Why? Because they want to cash in on a big signing bonus as soon as possible after they sign this new deal. But they tell Dallas hey, we'll give you that 5th year but it's going to cost you. Meaning that in order to give up getting to that next contract sooner, they want Dallas to have to pay Dak a crap ton of money in that 5th year to make it worth his while to skip out on getting to FA and a new signing bonus sooner. They wouldn't ask for a cap hit of $45MM because a portion of that wouldn't be actual cash paid to Dak. It would be part signing bonus.
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So we are disregarding anything Fisher says about cap hit. But then just cherry picking one aspect of what he is reporting as them requesting a base salary of 45 mil in year 5?


So throw out the rest of the article and just keep one snippet? How about just throw out the whole article then because none of us know what the actual final contract numbers are going to look like until
It happens.


Don’t disregard 99% of a report and worry about 1% of it. Just disregard the whole thing then.
 
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